Work on key Greek highway projects will restart

Construction work is set to recommence on four highway projects in Greece. The construction work ground to a halt when the country’s economic woes began to bite hard. However the work now looks set to restart in spring 2013 following negotiations between the four consortia involved and the Greek Government. However, construction of highway sections from Trikala to the Egnatia Highway and from Lamia to Xiniada in central Greece and from Patra to Tsakona in the Peloponnese has been postponed. The decision for
December 17, 2012 Read time: 1 min
Greek highway projects have been hit hard by the country’s economic crisis
Construction work is set to recommence on four highway projects in Greece. The construction work ground to a halt when the country’s economic woes began to bite hard. However the work now looks set to restart in spring 2013 following negotiations between the four consortia involved and the Greek Government. However, construction of highway sections from Trikala to the Egnatia Highway and from Lamia to Xiniada in central Greece and from Patra to Tsakona in the Peloponnese has been postponed. The decision for these sections will be taken in the next three years. The Greek Government is assisting the contractors by negotiating with banks for funding for the stalled projects, although the loan will be between the contractors and lenders.

Related Content

  • Ship Canal Bridge project in Texas restarting
    December 10, 2021
    Work is restarting in Texas for the Ship Canal Bridge project.
    Read More
  • Smart motorways coming to a stop?
    November 24, 2021
    Are the UK’s smart motorways coming to a stop?
    Read More
  • Indonesia’s Trans-Sumatra highway inches ahead
    March 11, 2015
    Indonesia will form a consortium of state enterprises to build all the 2,700km of the Trans-Sumatra toll highway, from Lampung to Aceh on the island of Sumatra. The finance department is also setting up special infrastructure banks to provide flexible loans for the state departments to fund the project, Indonesian media reported. Indonesia recently changed the law that had the state infrastructure company PT Hutama Karya as the only organisation allowed to build major projects. Other state enterprises can n
    Read More
  • Brazil highway project recommencing
    August 22, 2017
    Construction work is now restarting on the BR-163 highway in Brazil, following a four month cessation of activities. The work on the stretch of the route in Mato Grosso do Sul is being carried out by CCR and MSVia. However the pace of progress on the project has been lowered and is at a slower rate than originally specified. Traffic volumes on the route are lower than when work commenced in 2013 and complexities with the environmental legislation have also caused headaches for the contractors. So far, MSVia
    Read More

Highlighted Content